There are many people I run across today in their 30’s and 40’s who are flocking corporate America to begin their own business venture. The allure and excitement of flexible working schedule, being your own boss, and unlimited upside financial gain are all part of the attraction of making the jump to becoming CEO of your own your company. However, early in the business planning process you’ll be presented with the difficult decisions on how you want to fund the start up (and future growth) of the business. Is it smart to borrow money from friends and family for a loan? Do you go to a bank? Should you use your hard earned savings accounts? Or, potentially give people some sweat equity in the company? The more difficult decision actually comes when your company has some success. As your top line revenues and profitability grow in the company, you’ll be presented with more challenging decisions on what is the smartest ...
Read More →
How Should You Capitalize Your Business?
Jul 13, 2012
Posted
Gen X & Y Financial Advice
Tagged Allure, becoming CEO of your own your company, Being Your Own Boss, best financial structure to grow your business, building your personal financial wealth, Business Bank Account, business has a street value to it at the time you look to grow, Business Owners, Business Planning, Business Venture, Capitalize A Business Through Cash Flow, Capitalize A Business Through Debt, Capitalize a Business Through Equity, capitalizing your business, Cash Flow, Corporate America, Difficult Decision, Difficult Decisions, financial advice to the X and Y Generation, Financial Gain, Financial Structure, flexible working schedule, Gen X & Y Financial Advice, grow the business through debt, How Should I Capitalize My Business?, how to make your company profitable, increasing your business bank account, Is it smart to borrow money from friends and family for a loan?, Money Advice, Own Business, own business venture, Owning a business can be one of the most enjoyable and exciting experiences, oXYGen Financial, Personal Finance 101, Predictability, Profitability, Retirement Plan, Savings Accounts, Shareholder, Should you use your hard earned savings accounts to fund a business?, Smart Money Moves, Strategic Decisions, Successful Business, Sweat Equity, Ted Jenkin, The Leaders in Gen X & Y Financial Advice and Services, the leading financial experts, the option of taking a shareholder distribution, unlimited upside financial gain, using a board of advisors/directors, using a good business advisor, using the money to make strategic decisions to grow your business, you could sell a portion of your company
Comments 1